Trilantic North America launches new PE firm Greenbelt

Trilantic America has spun out its energy team and formed Greenbelt Capital Partners, a new middle-market private equity firm.

Trilantic America has spun out its energy team and formed Greenbelt Capital Partners, a new middle-market private equity firm. Headquartered in Austin, Texas, Greenbelt will formally launch on January 1, 2022. Chris Manning, a managing partner at Trilantic North America, will lead Greenbelt.

PRESS RELEASE

AUSTIN, Texas–(BUSINESS WIRE)–Trilantic North America, a leading, growth-focused private equity firm, announced today the spinout of its energy team and formation of a new, independent firm called Greenbelt Capital Partners (“Greenbelt”).

Greenbelt will formally launch on January 1, 2022, and will be headquartered in Austin, Texas, while maintaining an additional presence in New York. The firm, named after the outdoor recreational parkland in Austin, will be led by Chris Manning, who currently serves as one of the Managing Partners of Trilantic North America. Chris will be joined by Glenn Jacobson, Andy Hopping, Chris Murphy, Sam Graham, and the rest of the Trilantic North America energy team. Trilantic North America will continue to support all of Greenbelt’s operational functions.

“Our senior team members have been working together since the early 2000s, and we have continually evolved our focus areas within the broader energy complex,” said Chris Manning, CEO of Greenbelt. “As technologies have developed and renewable power has become more affordable, we have found many more investable opportunities beyond traditional energy, including subsectors such as industrial and residential solar, battery storage, vehicle electrification and software required to meet the needs of energy customers. We look forward to further exploring these avenues while working closely alongside our existing portfolio companies.”

Glenn Jacobson, Managing Partner, added, “We are thrilled to keep building on the tenets we started with at Lehman Merchant Banking 20 years ago and believe our strong value creation processes will help us continue to identify attractive risk-reward opportunities.”
“Chris and the team have done a tremendous job establishing a premier energy investing franchise with notable transactions in the oil and gas industry, midstream infrastructure and, more recently, energy transition landscape,” said Charlie Ayres, Chairman and Managing Partner of Trilantic North America. “We are proud to support this exciting next step for the energy team and look forward to working together.”

About Trilantic North America
Trilantic Capital Management L.P. (“Trilantic North America”) is a growth-focused middle market private equity firm focused on control and significant minority investments in North America. Trilantic North America’s primary investment focus is in the business services and consumer sectors. Trilantic North America has managed six private equity fund families with aggregate capital commitments of $9.7 billion. Trilantic North America has been recognized by Inc. Magazine’s 2021 list of Top Founder-Friendly Investors and has been named one of Growthcap’s 2021 Top 25 Private Equity Firms for Growth Companies. For more information, visit www.trilanticnorthamerica.com.